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Raoum Tests Key Levels

Raoum Tests Key Levels

Raoom Trading Company’s stock rose 5.64% to SAR 71.15 amid a notable increase in trading volumes, approaching technical resistance at SAR 71.75. Holding above that level—particularly on the two-hour chart—could pave the way toward SAR 73.45–74.83, followed by SAR 76.35–77.95, while SAR 68.60 is a key support level. The move follows volatility in 2026, including a drop to SAR 52 in March, before selling pressure returned in October and the stock broke below an ascending trendline.

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